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President Bola Tinubu revealed that discussions are underway with Organised Labour as part of his administration’s broader efforts to alleviate the impact of inflation on Nigerian workers by considering an upward review of salaries.

All Nigeria Latest News reports that the President disclosed this while addressing a national broadcast at the Presidential Villa, Abuja, saying once the terms were agreed on a new minimum wage, budget provisions would be made to cover the review.

Tinubu’s decision to removed the decades-old petrol subsidy on his inauguration day has resulted in economic challenges, causing bouts of inflation that are placing additional strain on the purchasing power of citizens.

The President, however, commended organisations in the private sector that have already taken the initiative to increase the general remunerations of their employees. 

“In the same vein, we are also working in collaboration with the Labour unions to introduce a new national minimum wage for workers. I want to tell our workers this: your salary review is coming. 

“Once we agree on the new minimum wage and general upward review, we will make budget provisions for it for immediate implementation. 

“I want to use this opportunity to salute many private employers in the Organised Private Sector who have already implemented general salary review for employees,” the President said. 

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